There were 10 main board IPOs in December 2025 including Meesho Limited, Aequs Limited, Vidya Wires Limited, Corona Remedies Limited, Wakefit Innovations Limited, Nephrocare Health Services Limited, Park Medi World Limited, ICICI Prudential Asset Management Company Limited, KSH International Limited and Gujarat Kidney & Super Speciality Limited, against 12 main board IPOs in November 2025. There were 15 SME IPOs in December 2025 as compared to 6 SME IPOs in November 2025.
Meesho Limited:
About the Company | Incorporated in 2015, Meesho Limited is a Bengaluru-based online commerce marketplace that enables small and medium businesses to sell products directly to consumers across India. The company focuses on value-led fashion, lifestyle, home and everyday products, with a strong presence in Tier-2 and Tier-3 markets. Meesho operates an asset-light, technology-driven platform and does not charge seller commissions, differentiating it from peers. The company leverages proprietary logistics and cloud infrastructure through its subsidiary, Meesho Tech Private Limited (MTPL). In FY25, Meesho reported operating revenue of approximately Rs. 9,390 crore and continues to invest in technology, user acquisition and platform scale. |
Funds Utilization | The IPO proceeds from the fresh issue will be utilized towards strengthening cloud and technology infrastructure, expanding AI and data science capabilities, enhancing marketing and brand-building initiatives, pursuing inorganic growth opportunities, and meeting general corporate purposes. |
Anchor Investors & Selling Shareholders | The company raised approximately Rs. 2,439 crore from anchor investors prior to the IPO. Anchor investors included SBI Mutual Fund, Fidelity Funds, BlackRock, GIC, ADIA, Tiger Global, Goldman Sachs Asset Management, UTI Mutual Fund, Axis Mutual Fund, Tata Mutual Fund and Motilal Oswal Mutual Fund, among others. Selling shareholders in the offer for sale comprised early investors such as Elevation Capital, Peak XV Partners, Venture Highway and Y Combinator |
IPO Performance | The Rs. 5,421.20 crore IPO comprised a fresh issue of Rs. 4,250 crore and an offer for sale of Rs. 1,171.20 crore. The issue was priced at Rs. 111 per share. The IPO witnessed strong investor demand across categories. Shares of Meesho Limited debuted strongly on the exchanges, listing at approximately ₹162.05 on NSE and ₹161.20 on BSE, representing a premium of around 46% over the issue price. |
Acknowledgements:
RBI Bulletin (www.bulletin.rbi.org.in), SEBI (www.sebi.gov.in), NSE (www.nseindia.com), BSE (www.bseindia.com)
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